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Fortis Healthcare again extends deadline to submit bids

Healthcare

29 June, 2018

Fortis Healthcare again extends deadline to submit bids

Fortis Healthcare Ltd has extended for a second time the deadline to submit bids for the hospital chain, as it ......

Fortis plans legal steps to recover money from ex-boss Malvinder Singh; loss soars

Healthcare

27 June, 2018

Fortis plans legal steps to recover money from ex-boss Malvinder Singh; loss soars

Fortis Healthcare Ltd, which is in the midst of a takeover battle, said on Wednesday it will take legal measures ......

Fortis scraps SRL's listing plan via reverse merger with group firm

Healthcare

14 June, 2018

Fortis scraps SRL's listing plan via reverse merger with group firm

Fortis Healthcare Ltd said its board has scrapped an amalgamation scheme proposed 19 months ago that entailed spinning off its ......

Fortis board says it will consider takeover offers from 4 bidders

Healthcare

01 June, 2018

Fortis board says it will consider takeover offers from 4 bidders

Fortis Healthcare Ltd has warmed up to approaches from the same set of four suitors, barring China’s Fosun International whose ......

Fortis clears deck for fresh bidding war

Healthcare

29 May, 2018

Fortis clears deck for fresh bidding war

Fortis Healthcare Ltd said on Tuesday it will initiate a fresh bidding for its sale as the winning bid of ......

Fortis arm asked to pay $75 mn for profiteering amid cash crunch, takeover battle

Healthcare

29 May, 2018

Fortis arm asked to pay $75 mn for profiteering amid cash crunch, takeover battle

A Delhi High Court committee has asked a unit of Fortis Healthcare Ltd to pay Rs 503 crore ($74.6 million) ......

IHH follows Manipal in extending validity of revised offer for Fortis

Healthcare

25 May, 2018

IHH follows Manipal in extending validity of revised offer for Fortis

IHH Healthcare Bhd on Friday extended the validity of its revised offer for Fortis Healthcare Ltd -- yet again -- ......

Manipal extends validity of Fortis offer as fate of Munjal-Burman bid in doubt

Healthcare

24 May, 2018

Manipal extends validity of Fortis offer as fate of Munjal-Burman bid in doubt

TPG Capital-backed Manipal Health Enterprises Pvt. Ltd has extended the validity of its revised offer to buy Fortis Healthcare Ltd, ......

Fortis shareholders vote out former Ranbaxy CEO Brian Tempest as director

People

23 May, 2018

Fortis shareholders vote out former Ranbaxy CEO Brian Tempest as director

Fortis Healthcare Ltd’s shareholders have voted by a thumping majority to oust ex-Ranbaxy CEO Brian Tempest as director, overriding promoters’ ......

Fresh bidding war looms for Fortis as three directors quit

Healthcare

21 May, 2018

Fresh bidding war looms for Fortis as three directors quit

Three directors of Fortis Healthcare Ltd have stepped down from the board just ahead of a shareholders’ meeting to decide ......